Create your page here
Latest News for: Africa offshore banking
Edit
Georgia Gambling Conference 2021 – Event About the Opportunities and Prospects of the Georgian Gambling ...
Bitcoin Garden 09 Apr 2021
Georgia Gambling Conference 2021 will take place in Tbilisi on April 15 ... Event will be organized by Smile-Expo ... Presentation ... in Europe, Asia, Africa, offshore jurisdictions and the USA. Provides support at all stages of remote opening of accounts in foreign banks.Leader.bet is a new online platform on the Ukrainian gambling and entertainment market ... .
Edit
Key African Central Banks aren’t rushing to raise interest rates
B & FT Online 25 Mar 2021
Central banks in some of sub-Saharan Africa’s biggest economies may be more concerned about the impact of a potential third wave of coronavirus infections and a slow rollout of vaccines than quickening inflation, leaving borrowing costs unchanged for now ... Standard Chartered Bank.
Edit
Top considerations for SA investors under the ‘new normal’
Business Day 19 Nov 2020
If the SA Reserve Bank and National Treasury can keep inflation under control and stabilise the debt outlook, it will make for an attractive bond-buying environment ... There are many reasons local investors should be investing wealth offshore ... Investment solutions offered by Africa’s largest banking group.
Edit
Offshore bank, investment and trust accounts – are these still allowed?
Independent online (SA) 07 Aug 2020
Unpacking the enigma around offshore starts with one simple certainty; nothing in the South African Income Tax or Reserve Bank regulations prohibits South Africans from opening a bank account, investment account or setting up an offshore trust ... Offshore bank and investment accounts ... Offshore bank or investment account(s) also need to be declared.
Edit
Banks limit debit card spending abroad as Nigeria’s FX crisis worsens
Business Day Online 20 Jul 2020
Simply put, Nigerian banks are trying to avoid transactions with hard currency reports Reuters. Stanbic IBTC Bank, the local unit of South Africa’s Standard Bank, said it will halve the spending limit for offshore card transactions to $500 per month from Monday and will limit cash withdrawals to $100 ... Then it was ordered by the central bank.
Edit
Banks to stop or limit debit card spending abroad as Nigeria’s FX crisis worsens
Business Day Online 19 Jul 2020
Simply put, Nigerian banks are trying to avoid transactions with hard currency reports Reuters. Stanbic IBTC Bank, the local unit of South Africa’s Standard Bank, said it will halve the spending limit for offshore card transactions to $500 per month from Monday and will limit cash withdrawals to $100.
Edit
The fable of SA’s special economic zones
Mail Guardian South Africa 13 Feb 2020
South Africa has run a trade surplus over the past three years, but that did nothing to compensate for raging capital flight, to which the treasury and the Reserve Bank generally turn a blind eye ... For Mboweni, earning more hard currency with exports so that banks and corporations can loot South Africa faster, seems to be.
Edit
Petrobras sells $1.5 billion assets in Nigeria, ends activities in Africa
Business Day Online 15 Jan 2020
(PO&GBV), the company producing oil in Nigerian oil assets, thereby ending its activities in Africa ... BTG, Brazil’s largest independent investment bank owns the other 50percent stake in Petrobras Africa, whose core assets are stakes in offshore fields that produce Nigerian oil grades Agbami, Egina and Akpo.
Edit
Standard Bank wins company of the year at Isle of Man Awards
Independent online (SA) 21 Nov 2019
JOHANNESBURG - Standard Bank has been named the 2019 Company of the Year at the prestigious Isle of Man Awards For Excellence ... As part of Africa’s largest banking group by assets, Standard Bank Offshore Group has operated in the Isle of Man for more than 25 years and the bank continues to expand its operations in the island.
Edit
Oil trader Vitol pulls out of $1.5 bln deal to buy Nigerian oil fields
Canada Dot Com 01 Nov 2019
Edit
From Argentina to China and India: A guide to capital controls
The Times of India 05 Sep 2019
One restriction that still exists is a ban on offshore currency trading -- which the central bank has indicated it has no plans to remove ... South Africa ... The Reserve Bank has a complex system of exchange controls that limits the amount of money South African individuals, investors and companies can move offshore.
Edit
Probed, sacked and ignored: how countries reacted to West Africa Leaks
Ghana Business News 22 May 2019
West Africa Leaks uncovered offshore companies and bank accounts of potentates from the region, which loses more revenue through tax avoidance, evasion and financial crime than any other in Africa ... The LRA requested bank records between 2011 and 2016 for one Liberian company and three individuals, including Clavenda Bright-Parker.
- 1
